I think Walmart is worth buying into weakness here, says Jim Cramer
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer argues that Walmart's recent 18% sell-off is overdone, caused partly by high oil prices that are now falling. He believes the stock will get a reprieve and is worth buying into weakness.
- Walmart stock dropped 18% after a not-perfect quarterly report.
- High oil prices created consumer malaise that worsened the sell-off.
- Oil has now declined to reasonable levels, removing that headwind.
- Cramer thinks the sell-off is excessive and the stock should recover.
- He recommends buying Walmart at current levels, right into the weakness.
- He notes the quarter wasn't bad enough to justify the full decline.
Ideas
Buy Walmart into weakness on oil reprieve
Walmart's 18% sell-off is overdone. The stock declined after a quarter that wasn't perfect but not bad enough to justify such a drop, largely due to consumer malaise driven by high oil prices. Now that oil has fallen back to reasonable levels, the negative sentiment should lift, giving Walmart stock a reprieve and creating a buying opportunity into weakness.
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This CNBC video, published July 07, 2026, features Jim Cramer discussing WMT. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: WMT